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Topic: Save the value (Read 1470 times)

legendary
Activity: 1232
Merit: 1091
November 17, 2017, 06:38:27 PM
#73
When segwit got activated I think that many of us thought the drama will be over

Noobs probably were thinking the drama was over, but if you are up to date with things, you know that there was an economical majority agreement where SegWit would get activated, where months after that a 2MB hard fork would follow. In easy terms, it was nothing more than a temporary calm down moment for the market till in November the hard fork would take place. Right now we can safely say that at least in the short term, the scaling drama is more or less over, but I am fairly sure that this isn't a definitive end. It's just a matter of time before another attempt to 'hijack' Bitcoin will happen, which then will result in a chain split -- greed is what it's all about.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 17, 2017, 04:54:23 PM
#72
Have you ever considered if the bickering between Bitcoin and its forks continues eventually people may get fed up and move on to a less politically charged coin?
Not going to happen, the reason there is so much political issues with bitcoin is because it is the number one coin, if litecoin was the number one coin then all that drama will be on litecoin, so all this drama is unavoidable and we must accept that the drama comes with the number one position.
That is a good analogy to coin the term regarding these dramas going around but we need to come up with a good solution to tackle the problems we are having when it comes to scaling as the transaction fees are getting bigger with the price and we need to settle this issue as we once were proud that we did not having transaction or minimal charges but now things are not the same and i would like to see those days back in bitcoin. Since the crash was reverted there is no relevance in talking about this topic anymore. Wink
When segwit got activated I think that many of us thought the drama will be over but we have found out that to not be the case, but I think as time passes things are going to finally calm down and the only thing left is to see which solution the market is going to choose as the best.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
November 17, 2017, 03:54:16 AM
#71
the conversion  Bitcoin to altcoin in the present time is very risky. just price them reverse the direction you will disadvantage heavy losses
the better off you please exchange about USDT and wait for the price drop to a lower level and buy them again. sure you will gain profit or at least you will not loss
It is extremely risky!
Would have been much better even trading directly against USDT when it was still high and then trading to buy more of BTC now to wait for the value to grow back, but it is too late. Also, for those who did not really buy ALTS at dips back then when they were lower, there is just no point trying to do that now but I would rather hold than try to gamble the market, most especially if I have no idea about trading.
full member
Activity: 1092
Merit: 117
November 16, 2017, 07:27:45 PM
#70
There are two types of investments in bitcoin. Long term investment - you buy bitcoin and you hold it in the wallet for a few years without touching it and short term/trading investments - wich means you buy when the price crashes and it is low and you wait until it starts to increase then you sell it.

So if the price crashes I would recommend to wait a few days and not sell your bitcoins immediately. That's the biggest mistake you can make. If you look in the past of bitcoin , every time it crashed the price increased even higher than it was before crash. And that happened absolutely every time. When the price starts to drop don't panic, just wait for it to come back
legendary
Activity: 895
Merit: 1001
November 16, 2017, 05:46:11 PM
#69
you didn;t know when will it's price will rise or down so how could you save your value

you said that when you have 1000$coin  then market is falling yes you can sell your coin and buy back it at low price

that can make you have more coin .   
sr. member
Activity: 1190
Merit: 253
November 16, 2017, 05:38:33 PM
#68
I do agree if you want to transfer it to altcoin then you need to wait for that altcoin to decrease in price.  And I think OP's strategy will even make him lose more BTC since he is buying when ETH is rising and Bitcoin is dropping, then convert it back to Bitcoin when Bitcoin is rising and ETH is dropping.  Isn't it should be the other way around?  Oh well if OP is playing like this it would be best if he just hold his Bitcoin and wait for it to go up in price again.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
November 16, 2017, 05:37:08 PM
#67
Have you ever considered if the bickering between Bitcoin and its forks continues eventually people may get fed up and move on to a less politically charged coin?
Not going to happen, the reason there is so much political issues with bitcoin is because it is the number one coin, if litecoin was the number one coin then all that drama will be on litecoin, so all this drama is unavoidable and we must accept that the drama comes with the number one position.
That is a good analogy to coin the term regarding these dramas going around but we need to come up with a good solution to tackle the problems we are having when it comes to scaling as the transaction fees are getting bigger with the price and we need to settle this issue as we once were proud that we did not having transaction or minimal charges but now things are not the same and i would like to see those days back in bitcoin. Since the crash was reverted there is no relevance in talking about this topic anymore. Wink
hero member
Activity: 3080
Merit: 603
November 16, 2017, 05:28:41 PM
#66
If ever I keep on the track and sees bitcoin crashing again, I'll do nothing but to keep on saving. Transferring your funds to some other alt coins looks good and effective for saving the value of your bitcoin. But I'm not that scared when it comes to these dumps, I have a strong believe that bitcoin whatever happens will stick to the speculations of many for getting to a higher peak.
sr. member
Activity: 2506
Merit: 368
November 16, 2017, 05:17:55 PM
#65
I will not do anything if Bitcoin does go down because all i know it will be going up again and that is just a temporary down. So why would you going back to altcoin when you don't ever needed the again? I guess if you were a short term trader maybe i could accept that but if you were just holding for a long term trader why would you do that? It doesn't make sense though.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 16, 2017, 03:37:54 PM
#64
Have you ever considered if the bickering between Bitcoin and its forks continues eventually people may get fed up and move on to a less politically charged coin?
Not going to happen, the reason there is so much political issues with bitcoin is because it is the number one coin, if litecoin was the number one coin then all that drama will be on litecoin, so all this drama is unavoidable and we must accept that the drama comes with the number one position.
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
November 16, 2017, 10:38:15 AM
#63
Funny. You should know that all cryto world are interrelated and depends on bitcoin.  when the price of Bitcoin was dump around 6000 Dollar, same time alt was also dump including eth. but now  You can see the price of Bitcoin already pump aound 7500 Dollar. Possible to go pump more and so alt are also pumping including eth  
hero member
Activity: 700
Merit: 500
November 16, 2017, 07:18:14 AM
#62
Yes save the value because bitcoin price will increase again.  We cannot predict the price seems to be but it is good hold and risks because outcome will be good.
BTC has always been unpredictable and so far, I can only see the work of whales waiting for someone like OP to make that mistake he is about to make and then take the profit. Whales are normal market movers and manipulators and they are huge traders looking to make profit.

There is absolutely nothing we can do about them than to either watch the market movement to make trading decisions, and if you miss it, leverage on other means to make profit. Simple! But the best shot is to HODL.
full member
Activity: 140
Merit: 100
November 15, 2017, 07:05:14 PM
#61
So bitcoin price now crash and if you have 1000$ bitcoin it may be back to 900$ tomorrow so what will do ??

for me will exchange bitcoin to ETH and when price back to this point  will made other exchange from ETH to bitcoin and get free ETH

Shear us your strategy to deal with this crash ??

Jumping to an alt when Bitcoin is going down is the best thing to do. And Ether is a good option since it's value is stabilizing in the 300 USD value. Though going to BCH then was the best choice, ETH is good.

I am not a good trader so when Bitcoin goes down, I just hold them and wait for it to increase again. I do not loss any value unless I sell right.
hero member
Activity: 910
Merit: 523
November 15, 2017, 06:57:27 PM
#60
If you convert bitcoin into eth whenever bitcoin price will drop back, it's not save the value, but more likely save your money in number.
I have regret to bought eth using my precious bitcoin, so I won't recommend to do so. If you want to save the value, just use bitcoin in daily transaction and stick to bitcoin as the main currency, not by sell it in every chance you want.
But, if you can't, just hold bitcoin, do not dump it. Because bitcoin price will recover in relatively short time and rise again.
full member
Activity: 392
Merit: 105
November 15, 2017, 06:45:45 PM
#59
It is true that bitcoin has remained very volatile over the years, but in all cases it has always been able to impose its strength and it is increasingly established as a reality in the current economy, therefore it will always be convenient to resist in those moments of high volatility and continue holding our bitcoins, since it has shown that the possibility of reaching $100,000 is imminent in a few years.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 15, 2017, 05:59:08 PM
#58
So bitcoin price now crash and if you have 1000$ bitcoin it may be back to 900$ tomorrow so what will do ??

for me will exchange bitcoin to ETH and when price back to this point  will made other exchange from ETH to bitcoin and get free ETH

Shear us your strategy to deal with this crash ??
We are close to where we started, the price of bitcoin is back to normal this must show us that sometimes the best thing we can is to do nothing, I know that sounds passive but in this case that was the best thing to do, just prepare for the storm and keep holding, and as we can see that brought good results like always.
newbie
Activity: 1
Merit: 0
November 15, 2017, 05:38:31 PM
#57
Hi man! I'm really worried about bitcoin cash versus bitcoin. After the Btc price went down very fast I exchange all my Btc to bitcoin cash. After three months exchange bitcoin I earned a great money and now I lost everything that I earned if I sell the Bch. I bought Btc at a high price, more than $7500 and exchange for Bch after it has fallen more than 20%. So I lost still more 15% and I'm very sad and I don't know what I must to do or believe. I'm lost. I saw that Bch is faster than Btc and the fee are much cheaper. So I thought that could be a good cryptocurrency to hold and believe. I'm losing more than 30 thousand dollars right now. I realized that I fell in a big speculation of the giant's miners and exchanges. What is your opinion? Do you think that is better sell my Bch or hold them?
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
November 15, 2017, 01:50:11 PM
#56
So bitcoin price now crash and if you have 1000$ bitcoin it may be back to 900$ tomorrow so what will do ??

for me will exchange bitcoin to ETH and when price back to this point  will made other exchange from ETH to bitcoin and get free ETH

Shear us your strategy to deal with this crash ??
Doing that now really will not make sense and you may end up experiencing some losses at the end when BTC starts giving the bullish nature later and ETH is not really giving so much that the downward trend it has been giving so far. Your best option would have been to exchange it to USDT when the value was still hovering around $7000-$7200 since this testing of support and breaking some of these supports was expected.

Now, you would have just bought more bitcoin at the present correction, because it is possible for us to start experiencing some bull run soon.
hero member
Activity: 756
Merit: 520
November 15, 2017, 09:26:45 AM
#55
I suggest that you hold your bitcoin. The price dip of bitcoin that is happening now  is natural in btc market. But for sure it won't take long the price will go up again. Besides that's tge whole point of btc investment, holding it for a long time so you can have better ang higher return of investment.

The hope of volatility saves when the market prices fall that it can easily bounce back. But after the fork cancelled the price rose to 7800$ and from their the fall is still continuing and reached 6400$ and just quite unsure will it even break 6k and fall more below.

Well that's a thing that's indeed very exploited by entrepreneurs bitcoin certainly already know and understand about the bitcoin. So, it would be much better if indeed we want to intend to do an investment in then buy bitcoin and let prices soar as well as the appropriate target that we want, if it is available then it would be much better to sell it just a few to look for or benefit that is desirable or that long awaited.
legendary
Activity: 2170
Merit: 1427
November 15, 2017, 08:50:00 AM
#54
Since the BCH price get stable ,it's possible to see the high raise in the price of Bitcoin.
BCC will not be able to hold its current crazy high value for too long, and as soon as delusional people stop buying this shitcoin, or just run out of money, it will tank to sub 0.1BTC levels again. Do people even wonder how far the Jihan cartel is with selling its entire BCC holdings? Probably not, but they will find out when it's too late.

I had brought 2 BTC at the price of 7000$,so I want to sell the bitcoin.If the price of bitcoin again raise to 7500$ means,I will sell my Holding.
It's up to you of course, but what's the point of securing profits when you haven't even made a 10% return (if you end up selling at $7500)? If the market increases further after you have sold your coins, which is very likely going to happen, the chances are on the higher side that you will end up buying back your coins at premium levels.
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